Philadelphia, PA 19123 990 N 2Nd Street

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Presented By: Mallin Panchelli Nadel Realty Inc
  • MLS# PAPH2518294
  • 07/18/2025
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  • SQFT • 4,947

Home Details

These two contiguous buildings are located at 2nd & Wildey in Northern Liberties. These buildings are in the heart of the commercial corridor, across the street from Heirloom Market, Starbucks and The Piazza. 990 N 2nd has continuously operated as a 3 unit multifamily for decades. 992 N 2nd was built from the ground up in 2010. The property has ground floor commercial and a Wildey St entrance to the light filled apartments above. In August of 2026, the commercial tenant is coming to the end of their term with no options in place for renewal. While the tenant has indicated they would like to stay, this offers an opportunity to retenant at market rate which is substantially higher than the current lease. Alternatively, an owner operator will have an opportunity in an unmatched location for the neighborhood. Additionally, the first floor of 990 N 2nd should be converted to retail for both increased rent and conversion to a NNN format.
Presented By: Mallin Panchelli Nadel Realty Inc

Interior Features for 990 N 2Nd Street

Bathrooms

Total Restrooms6

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas, Electric
Total Stories3

General for 990 N 2Nd Street

AccessibilityNone
Business TypeOther/General Retail, Medical
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelOther
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsLocated on the corner of N 2nd St & Wildey St.
HeatingHot Water
Location TypeUrban
Lot Size Square Feet2350.00
Lot Size UnitsSquare Feet
MLS Area19123 (19123)
ModificationTimestamp2025-07-18T16:48:13
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG424.5
Property ConditionVery Good
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNORTHERN LIBERTIES
Tax Annual Amount8639.0
Tax Assessed Value617200.0
Tax Lot42
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningCMX2.5

Exterior for 990 N 2Nd Street

Building Area Total4947.00
Fencing Y/NN
Land Assessed Value123440.00
Land Use CodeU50
Lot Dimensions15.00 x 78.00
Lot FeaturesCorner
Lot Size Acres0.05
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road Frontage Length15
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,100,000
MLS#PAPH2518294
List Date 07/18/2025
Property Type Commercial
Phone 703.929.4729
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